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Daily Archives: Apr 9, 2015

Armenia’s international gross reserves surge by 18.1% in 2015 march to $1.491.5 billion

Armenia’s international gross reserves surged by 18.1% in 2015 March to $1.491.5 billion, according to a provisional Central Bank of Armenia report

ACBA-CREDIT AGRICOLE BANK simplifies issuing bank account statements to its customers for presentation to foreign embassies

ACBA-CREDIT AGRICOLE BANK has opened a new section on its official website created specifically for those of its clients who need to submit statements about their bank accounts to foreign embassies

Ardshinbank joins best and converstransfer money transfer systems

On April 3, Ardshinbank offered two new money transfer systems to its clients – Best and ConversTransfer, which are served in the bank's 56 branches in Armenia and Nagorno-Karabakh Republic, the bank's press office reports

Interest spread at Armenia’s commercial banks 4.72% in February

Interest spread at Armenia's commercial banks has narrowed by 0.59 percentage points since the beginning of this year to 4.72% in late February, but widened by 0.01 p. p., compared with late January, the National Statistical Service of Armenia reports

Underground mint found by Armenian police

Criminal investigation department officers in Armenia have found out an underground mint, the press office of the police reported on Thursday

Financial awareness low in Armenia – Central Bank

The level of financial awareness among the population in Armenia is low, member of the board of the Central Bank of Armenia (CBA) Armenak Darbinyan told reporters on Thursday, in presenting the results of the survey as part of the national strategy on financial education

Head of Armenia’s central bank to attend GAF observers group meeting in Frankfurt

The chairman of the Central Bank of Armenia (CBA) Artur Javadyan will participate in the regular meeting of the German-Armenian Fund (GAF) observers’ group in Frankfurt

IMF recommends Armenia to replenish forex reserves

The IMF recommends the Central Bank of Armenia to buy dollars by this summer to prevent serious fluctuations in the forex market and to ensure the required buffer reserves, the head of the IMF mission in Armenia Mark Horton told reporters on Wednesday

Recent Eurobond issue creates buffer zone for government in Armenia – IMF

The recent Eurobond issue has created a buffer zone for the government in Armenia amid uncertainty over economic growth and state funds, the head of IMF mission in Armenia Mark Horton told reporters on Wednesday